BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Capital goods are physical assets that a company uses in the production process to manufacture products and services that consumers will later use. Capital goods include buildings, machinery, equipment, vehicles, and tools. Capital goods are not finished goods, instead, they are used to make finished goods.

Detailed explanation-2: -Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services.

Detailed explanation-3: -The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Detailed explanation-4: -Capital Resources-buildings, machines in the factory, trucks, equipment, tools, desks and computers in the office, etc.

Detailed explanation-5: -The machines, tools, and equipment being used at any factory-site or manufacturing facility make the best example of a capital resource; it contributes to the production of goods, can be used more than once, and is man-made.